HV Kapitali OÜ

Active Registry code 10981430 OÜ Tallinn Registered 31 Oct 2003
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HV Kapitali OÜ is a OÜ based in Tallinn, registry code 10981430, status: active. Main activity: Production of electricity from renewable sources. According to EMTA, turnover for Q3 2026 was €3 434 with employees.

Turnover
3 434 €
↓ 88.1% vs Q2 2026
State taxes
178 €
↓ 43.7% vs Q2 2026
Labour taxes
0 €
Employees
—

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Electricity, gas, steam and air conditioning supply · EMTAK 35

  • Turnover · Q3 2026 3 434 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 32 280 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 51.5 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 3 434 € · −88.1% vs Q2 2026 · industry median 3 039 € · above 51% of the industry
010 00020 00030 000Q4 2023 Company: 8 366 € Industry median: 3 548 €Q4·23Q1 2024 Company: 2 496 € Industry median: 919 €Q2 2024 Company: 7 092 € Industry median: 3 798 €Q2·24Q3 2024 Company: 9 852 € Industry median: 4 925 €Q4 2024 Company: 6 237 € Industry median: 3 257 €Q4·24Q1 2025 Company: 4 414 € Industry median: 1 195 €Q2 2025 Company: 6 513 € Industry median: 3 174 €Q2·25Q3 2025 Company: 5 547 € Industry median: 2 640 €Q4 2025 Company: 6 177 € Industry median: 2 889 €Q4·25Q1 2026 Company: 5 743 € Industry median: 1 972 €Q2 2026 Company: 28 764 € Industry median: 2 924 €Q2·26Q3 2026 Company: 3 434 € Industry median: 3 039 €Q3·26010 00020 00030 000Q4 2024 Company: 6 237 € Industry median: 3 257 €Q1 2025 Company: 4 414 € Industry median: 1 195 €Q1·25Q2 2025 Company: 6 513 € Industry median: 3 174 €Q3 2025 Company: 5 547 € Industry median: 2 640 €Q3·25Q4 2025 Company: 6 177 € Industry median: 2 889 €Q1 2026 Company: 5 743 € Industry median: 1 972 €Q1·26Q2 2026 Company: 28 764 € Industry median: 2 924 €Q3 2026 Company: 3 434 € Industry median: 3 039 €Q3·26
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2025: 834 € · +0.7% vs Q1 2025 · industry median 2 531 € · above 10% of the industry
01 0002 0003 000Q4 2023 Company: 658 € Industry median: 2 214 €Q4·23Q1 2024 Company: 1 638 € Industry median: 2 418 €Q2 2024 Company: 729 € Industry median: 2 645 €Q2·24Q3 2024 Company: 729 € Industry median: 2 343 €Q4 2024 Company: 729 € Industry median: 2 432 €Q4·24Q1 2025 Company: 828 € Industry median: 2 583 €Q2 2025 Company: 834 € Industry median: 2 531 €Q2·25Q3 2025 Company: — Industry median: 2 771 €Q4 2025 Company: — Industry median: 2 743 €Q4·25Q1 2026 Company: — Industry median: 2 845 €Q2 2026 Company: — Industry median: 2 754 €Q2·26Q3 2026 Company: — Industry median: 2 710 €Q3·2601 0002 0003 000Q4 2024 Company: 729 € Industry median: 2 432 €Q1 2025 Company: 828 € Industry median: 2 583 €Q1·25Q2 2025 Company: 834 € Industry median: 2 531 €Q3 2025 Company: — Industry median: 2 771 €Q3·25Q4 2025 Company: — Industry median: 2 743 €Q1 2026 Company: — Industry median: 2 845 €Q1·26Q2 2026 Company: — Industry median: 2 754 €Q3 2026 Company: — Industry median: 2 710 €Q3·26
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2025: 1 · +0.0% vs Q1 2025
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 178 € · −43.7% vs Q2 2026
020 00040 00060 00080 000100 000Q4 2023 Company: 3 136 €Q4·23Q1 2024 Company: 3 965 €Q2 2024 Company: 2 058 €Q2·24Q3 2024 Company: 2 616 €Q4 2024 Company: 1 647 €Q4·24Q1 2025 Company: 99 531 €Q2 2025 Company: 1 986 €Q2·25Q3 2025 Company: 1 716 €Q4 2025 Company: 1 210 €Q4·25Q1 2026 Company: 1 101 €Q2 2026 Company: 316 €Q2·26Q3 2026 Company: 178 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 1 647 €Q1 2025 Company: 99 531 €Q1·25Q2 2025 Company: 1 986 €Q3 2025 Company: 1 716 €Q3·25Q4 2025 Company: 1 210 €Q1 2026 Company: 1 101 €Q1·26Q2 2026 Company: 316 €Q3 2026 Company: 178 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 434 178 — —
Q2 2026 28 764 316 — —
Q1 2026 5 743 1 101 — —
Q4 2025 6 177 1 210 — —
Q3 2025 5 547 1 716 834 —
Q2 2025 6 513 1 986 834 1
Q1 2025 4 414 99 531 828 1
Q4 2024 6 237 1 647 729 1
Q3 2024 9 852 2 616 729 1
Q2 2024 7 092 2 058 729 1
Q1 2024 2 496 3 965 1 638 1
Q4 2023 8 366 3 136 658 1
Q3 2023 10 202 3 655 892 1
Q2 2023 9 347 2 221 658 1
Q1 2023 4 246 2 463 874 1
Q4 2022 22 895 4 764 589 1
Q3 2022 31 081 8 594 546 1
Q2 2022 11 278 3 068 546 1
Q1 2022 4 484 3 814 1 289 1

Financials by year

2016 – 2025
Revenue, € thousand 2025: 32 280 € · −10.9% vs 2024 · industry median 3 747 € · above 73% of the industry
0501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 18 222 € Industry median: 28 215 €20192020 Company: 179 164 € Industry median: 698 €20202021 Company: 50 094 € Industry median: 4 398 €20212022 Company: 74 918 € Industry median: 13 412 €20222023 Company: 43 773 € Industry median: 4 448 €20232024 Company: 36 233 € Industry median: 4 456 €20242025 Company: 32 280 € Industry median: 3 747 €20250501001502002018 Company: — Industry median: —2019 Company: 18 222 € Industry median: 28 215 €20192020 Company: 179 164 € Industry median: 698 €2021 Company: 50 094 € Industry median: 4 398 €20212022 Company: 74 918 € Industry median: 13 412 €2023 Company: 43 773 € Industry median: 4 448 €20232024 Company: 36 233 € Industry median: 4 456 €2025 Company: 32 280 € Industry median: 3 747 €2025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 16 638 € · +126.1% vs 2024 · industry median 0 € · above 85% of the industry
-300-200-10001002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 62 989 € Industry median: 0 €20192020 Company: -293 052 € Industry median: 0 €20202021 Company: 46 549 € Industry median: 101 €20212022 Company: 61 090 € Industry median: 1 580 €20222023 Company: 27 510 € Industry median: 0 €20232024 Company: -63 756 € Industry median: 0 €20242025 Company: 16 638 € Industry median: 0 €2025-300-200-10001002018 Company: — Industry median: —2019 Company: 62 989 € Industry median: 0 €20192020 Company: -293 052 € Industry median: 0 €2021 Company: 46 549 € Industry median: 101 €20212022 Company: 61 090 € Industry median: 1 580 €2023 Company: 27 510 € Industry median: 0 €20232024 Company: -63 756 € Industry median: 0 €2025 Company: 16 638 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 51.5 % · +227.5 pp vs the year before · industry median 3.6 % · above 85% of the industry
-20002004002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 345.7 % Industry median: 9.7 %20192020 Company: -163.6 % Industry median: 8.8 %20202021 Company: 92.9 % Industry median: 23.4 %20212022 Company: 81.5 % Industry median: 51.2 %20222023 Company: 62.8 % Industry median: 15.7 %20232024 Company: -176.0 % Industry median: 4.5 %20242025 Company: 51.5 % Industry median: 3.6 %2025-20002004002018 Company: — Industry median: —2019 Company: 345.7 % Industry median: 9.7 %20192020 Company: -163.6 % Industry median: 8.8 %2021 Company: 92.9 % Industry median: 23.4 %20212022 Company: 81.5 % Industry median: 51.2 %2023 Company: 62.8 % Industry median: 15.7 %20232024 Company: -176.0 % Industry median: 4.5 %2025 Company: 51.5 % Industry median: 3.6 %2025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 630 542 € · −6.2% vs 2024
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 938 887 €20192020 Company: 737 535 €20202021 Company: 685 569 €20212022 Company: 738 693 €20222023 Company: 764 411 €20232024 Company: 672 196 €20242025 Company: 630 542 €202502004006008001 0002018 Company: —2019 Company: 938 887 €20192020 Company: 737 535 €2021 Company: 685 569 €20212022 Company: 738 693 €2023 Company: 764 411 €20232024 Company: 672 196 €2025 Company: 630 542 €2025
Equity, € thousand 2025: 294 491 € · +6.0% vs 2024
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 935 511 €20192020 Company: 642 460 €20202021 Company: 679 009 €20212022 Company: 735 099 €20222023 Company: 747 609 €20232024 Company: 277 853 €20242025 Company: 294 491 €202502004006008001 0002018 Company: —2019 Company: 935 511 €20192020 Company: 642 460 €2021 Company: 679 009 €20212022 Company: 735 099 €2023 Company: 747 609 €20232024 Company: 277 853 €2025 Company: 294 491 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 220182019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02018 Company: 0 Industry median: 22019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 Industry median: 22025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 32 280 16 638 7 090 630 542 294 491 0
2024 36 233 -63 756 4 685 672 196 277 853 0
2023 43 773 27 510 4 404 764 411 747 609 0
2022 74 918 61 090 2 549 738 693 735 099 0
2021 50 094 46 549 4 127 685 569 679 009 1
2020 179 164 -293 052 344 737 535 642 460 0
2019 18 222 62 989 0 938 887 935 511 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 1
2012 — — — — — 2
2011 — — — — — 0
2010 — — — — — 0
2009 — — — — — 0
2008 — — — — — 0
2007 — — — — — 0
2006 — — — — — 0
2005 — — — — — 0
2004 — — — — — 0

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
51.5 %
Net profit / revenue
Return on equity (ROE)
5.6 %
Net profit / equity
Return on assets (ROA)
2.6 %
Net profit / assets
Equity ratio
46.7 %
Equity / assets
Debt ratio
53.3 %
Liabilities / assets
Current ratio
0.59
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 10 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Nov 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 31 Aug 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 16 Apr 2020 Company’s own e-Äriregister

Board

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 3512Production of electricity from renewable sources Main
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 30044208 / 6
7 Sep 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
7 Sep 2023
PDF
Ä 30044208 / 5
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 30044208 / 4
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 30044208 / 3
8 Nov 2017
Amendment entry In force
8 Nov 2017
PDF
Ä 30044208 / 2
19 Sep 2016
Amendment entry In force
19 Sep 2016
PDF
Ä 30044208
20 Jun 2011
Amendment entry In force
20 Jun 2011
PDF
Ä 10075543 / 3
31 Aug 2010
Amendment entry In force
31 Aug 2010
PDF
Ä 75543 / 2
3 Dec 2008
Deletion of activities from the registry card In force
30 Dec 2008
PDF
Ä 75543
30 Oct 2003
First entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data